Gerber Technology Reorganizes Executive Lineup
Gerber Scientific, parent company of Gerber Technology, has announced a reorganization of its executive ranks. Gerber Technology President John Hancock will vacate his post on April 30, according to a release from the Tolland, Conn.–based company.
Marc Giles, president and chief executive officer of Gerber Scientific, will step in to take over leadership responsibilities of Gerber Tech. Additionally, Gregg Williams has been brought onboard as vice president of marketing, product management and service. The position is a new post for the company.
“We continue to make progress in our overall business-model transformation, and our growth plans for [Gerber Technology] are a critical component of that strategy,” Giles said in a statement. “This flattening of our organizational structure while increasing our sales and marketing bench strength will allow us to be more nimble and responsive to market opportunities in the apparel and industrial segment.” The company, he said, is focused on slashing costs and speeding up its new product development. “We are also committed to achieving our financial-performance target of an [8 percent] sales growth and double-digit operating margins by fiscal 2013,” he added.
No reason was given for Hancock’s exit.
Gerber Technology produces equipment and software solutions for the apparel industry. Gerber Scientific’s other units are Gerber Scientific Products—which develops and manufactures computerized sign-making and specialty graphics systems, software, materials and accessories— and Spandex, which supplies products for the sign making and display industries.—Erin Barajas
